Reduced costs at Harvard, Yale hard to replicate | ScrippsNews

Reduced costs at Harvard, Yale hard to replicate | ScrippsNews

"Last week Yale detailed its plan to cut costs for students by as much as 50 percent and to increase annual spending for undergraduate financial aid by more than $24 million, to about $80 million. Families with incomes under $60,000 would pay nothing toward a child's education, and those with incomes of less than $120,000 would contribute between 1 percent and 10 percent of their income annually. Students still will be expected to pay $2,500 annually, a cut from about $4,000."